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AAP
AAP
Jacob Shteyman

Home sellers still reap huge profits but cracks appear

Nicola Powell Domain Labor Melbourne Sydney
The proportion of houses resold for a profit in Sydney and Melbourne has declined, Domain says. (Susie Dodds/AAP PHOTOS)

The vast majority of home owners are selling their properties for more than they bought them for, even as house prices enter a tailspin.

Despite warnings that Australians could end up in negative equity and financial distress as a result of the accelerating housing downturn, only a small portion of resales made a loss in the first half of 2026, according to real estate platform Domain.

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